Machinery Pete Podcast

Pete gives update on the red-hot farm equipment market and then welcomes guest John Phipps, former host of US Farm Report TV show and current eastern Illinois farmer and columnist/contributor to Farm Journal, Top Producer, AgWeb.com, to the podcast for a fun wide-ranging conversation including what to do about China, the supply chain issue, the issue of small rural farming communities pulling apart and what can be done, and a look into John’s Engineering roots and early days as a Nuclear Energy Officer on the USS Seahorse fast attack submarine. [:46] - Market update [10:20] - Intro of today’s guest [12:01] - Interview with John Phipps begins [16:33] - John’s engineering background [32:04] - The change of rural culture [44:40] - How to be optimistic about the future [1:02:05] - Flow of cash and inventory, online auctions [1:12:37] - Supply chain issues [1:15:47] - Thoughts on China [1:33:00] - Kurt Miller on 1973 John Deere 4430   [1:36:10] - Final words from Machinery Pete Machinery Pete was founded in 1989

Machinery Pete stops in Dana, IN to interview Erin Holbert on the family farm she returned to a couple of years ago. From the cab of their John Deere 8420 tractor back in October 2019 Holbert created her own online clothing store, “Heart of the Midwest”, which has grown rapidly. Holbert proceeded in short order to build massive social media and Youtube followings, now with nearly 60,000 Youtube subscribers. Impressive American entrepreneurial spirit at work in the heartland. [:33] - Preview of conversation with Erin Holbert [3:34] - Interview begins [4:22] - Erin’s background growing up on a farm [7:19] - Balancing her business with farming and favorite shirt designs [13:32] - Social media success [16:50] - Helping baby raccoons [19:39] - Sprayer tire accident story [25:20] - Erin’s love of writing and creating cooking videos [33:15] - Final words from Machinery Pete Machinery Pete was founded in 1989 and has grown from its humble beginnings to a full-fledged marketplace for farming equipment. Greg Peterson,

Pete talks with his friend made on the auction trail years ago, Alan Hoskins, President of American Farm Mortgage & Financial Services. Pete and Alan talk about current challenges and opportunities in farm country, including tips and advice for young folks looking to get into farming, ag lending or any new career. Pete and Alan have an in depth talk about the Power of Listening. [:50] - Today’s topic - listening and preview of Alan Hoskins [7:07] - Interview begins [10:23] - What Alan loves about his job [19:06] - Pride in farming [27:20] - Alan’s first John Deere tractor and sale [33:33] - Ag market concerns [47:15] - Advice to young people about ag lending industry [1:02:30] - Final words from Machinery Pete Machinery Pete was founded in 1989 and has grown from its humble beginnings to a full-fledged marketplace for farming equipment. Greg Peterson, founder and host, has also released Machinery Pete content across platforms including YouTube with his long-running Machinery Pete TV show.If you'd like to

Machinery Pete interviews Neil Dahlstrom, Manager of Archives and History for John Deere about his new book, “Tractor Wars – John Deere, Henry Ford, International Harvester and the Birth of American Agriculture.” Dahlstrom shares fascinating stories from the period 100+ years ago on the race for dominance and relevance in the burgeoning new American market for farm tractors. Pete also provides a recap of a November 6, 2021 farm retirement he filmed for his TV show in Keymar, MD….according to Pete “The Hottest Auction I’ve Seen in my 32 Years.” [:35] - Machinery Pete teases this episode’s interview [2:10] - McGrew Auction recap [7:46] - Interview with Neil Dahlstrom begins [10:17] - Early life, growing up near Deere archive building [13:04] - About the new book [15:03] - History of Ford, International Harvester and Deere Tractors [26:18] - Advent of the small tractor [36:58] - Tractor market in 1925  [49:08] - Relating computer advancements to tractors and “what if?s” [53:12] - Where to buy the book [54:08] -

Machinery Pete highlights the growing trend of consolidation in the farm auction industry and talks with Dan Sullivan and Allen Henslin about Sullivan Auctioneers (Illinois) recent acquisition of Henslin Auctions, Inc. of Minnesota. Pete also touches on consolidation in the farm equipment dealer sector. [:33] - Machinery Pete farm equipment market update [4:44] - Today’s topic - consolidation in the ag sector [9:35] - Conversation with Allen Henslin and Dan Sullivan begins [10:17] - Merger between Henslin and Sullivan Auctions [12:11] - Dan Sullivan excited about acquisition - family-oriented businesses [15:08] - Why merger was the right fit for Henslin [19:21] - Sullivan Quarterly Booklet [29:45] - Detail-oriented auction companies with strong teams [34:22] - End of year outlook [40:19] - Closing remarks from Dan and Allen [43:00] - Final words from Machinery Pete Machinery Pete was founded in 1989 and has grown from its humble beginnings to a full-fledged marketplace for farming equipment. Greg Peterson, f

Machinery Pete talks through the historic year 2021 has been in the farm equipment market, providing key examples that spotlight the trend of RISING used values and the why behind rising values. A tribute to Brice Volker at the end of the episode. Volker, from Auburn, Neb., passed away 10/2/21 at age 38 suddenly and unexpectedly. Volker was deeply connected in the farm equipment world online and in farm circles and in the auction industry. [:40] - Machinery Pete teases the market update in used values [5:36] - Buy quickly if you need something - 2007 equipment availability issues. [6:05] - Hot market of 2015. [8:54] - 2021 market heat-up [10:15] - There has never been a better time to sell good used equipment. [15:30] - Market update - summer 2021 auction prices [26:13] - Continued spikes and record breaking prices [35:08] - Buckle up for wild finish to 2021 [38:29] - Tribute to Brice Volker Machinery Pete was founded in 1989 and has grown from its humble beginnings to a full-fledged marketplace for farming

Story of Easton Halverson of Claremont, IA - now two-time Grand Champion of Iowa State Fair Annual FFA Tractor Restoration Competition. Halverson just won the '21 competition with his beautiful 1966 Oliver 1950 FWA, which is now for sale to help pay for medical school for Easton: https://www.machinerypete.com/details/100-174-hp/1966/oliver/1950/20412162  He also took top honors in 2019 with his restored 1966 Oliver 1850 2WD. [:40] - Machinery Pete talks about the launch of monthly online auctions [1:48] - Interview preview [4:19] - Conversation with Easton Halverson begins [5:48] - Recalling their first meeting  [8:51] - Why Easton got into the medical field [11:25] - The ‘66 Oliver 1950 Grand Champion and its restoration [24:44] - What was most challenging about the restoration [28:27] - Learning to restore Oliver tractors [39:09] - Preparation for State Fair [51:57] - Easton’s experience with the FFA high school program [1:00:38] - Oliver 1950 FOR SALE [1:09:12] - Final words from Machinery Pete Machinery

Machinery Pete talks with 20-year-old ag Youtube star Carson Kahler who has nearly 11,000 subscribers to his "6th Gen Farmer" Youtube channel which he started 3 years ago. Kahler will be a Senior this Fall at South Dakota State University studying multiple Ag Programs and is a Sales intern this summer with C&B Operations at their Jackson, MN store location. [:58] - Machinery Pete sets up this episode’s topic and interview [4:46] - Interview with Carson Kahler begins [7:18] - Carson’s early years in farming and starting his YouTube channel [11:44] - How do you find time to create and post videos? [13:27] - TikTok [18:35] - Importance of communicating farming on social media [21:07] - C&B Operations internship [27:54] - Advice to businesses on social media [31:40] - Owning up to a mistake [47:05] - Final words from Machinery Pete Machinery Pete was founded in 1989 and has grown from its humble beginnings to a full-fledged marketplace for farming equipment. Greg Peterson, founder and host, has also rele

Machinery Pete gives an update on the farm equipment market (on fire) + cool story of an Illinois man working to start up a new Truck & Tractor Show in his hometown of Neponset, IL. The event is scheduled for June 26, 2021. [:30] - Machinery Pete teases today’s interview [3:08] - Used values continue to go up, what that means for now + the future [12:18] - Interview with Rodney Benett begins [13:45] - The idea behind the Truck & Tractor Show [15:55] - How to reach out and get involved with the show [17:28] - Why include trucks in the show? [20:38] - How Rodney and his friend saved the Neponset Legion [27:20] - Rodney’s motivation behind the show, life in Neponset and what he’ll display [39:20] - Final words from Machinery Pete Machinery Pete was founded in 1989 and has grown from its humble beginnings to a full-fledged marketplace for farming equipment. Greg Peterson, founder and host, has also released Machinery Pete content across platforms including YouTube with his long-running Machinery Pete TV

Machinery Pete talks with Thad Shively, Dir. of Pre-Owned Inventory for C&B Operations, a 37-store John Deere dealership with stores in MN, IA, SD, WY, MT and ID. Shively is retiring in April '21 after a lifetime in the farm equipment dealer biz. Thad and Pete talk about the current farm equipment market, trends and cycles over the decades, where the farm equipment has been and where it’s headed. Shively also shares his key takeaways/truths from 30+ years in the farm equipment biz and shares his advice to young folks hoping to work someday for a farm equipment dealership.

Machinery Pete shares his memories from, as well as the full interview he did 10 years ago this month (Feb. 2011) in Wyoming, IL with then 97-year-old Joe Colgan. Joe got into the farm equipment biz in 1933, went to work for John Deere in 1937 and became a John Deere dealer in 1947. Joe Colgan passed 4/28/15 at the age of 101, but his words of wisdom still hold true today.

Machinery Pete talks with Marshalltown, IA farmer David McCubbin about his online farm retirement auction on December 16, 2020. Pete and David talk about the emotions and planning involved from start to finish and beyond the sale....how does it feel when all the machinery is gone and your shed is empty?

50 years ago this week, on January 6, 1971, Vermeer Corp. of Pella, IA introduced the first round baler to the ag industry. Pete talks with Jason Andringa, President/CEO of Vermeer and also grandson of company founder (founded 1948) Gary Vermeer about how the round baler came to be. Pete, Andringa and Mark Core, Exec. VP, also talk about how Vermeer has handled the pandemic as well as how the company rebounded from the devastating 2018 tornado at their Pella, IA factory.

Machinery Pete talks with Kurt Miller, Director of Used Equipment for Heritage Tractor, a 21-store John Deere dealership in MO, AR, KS, NE and OK, about their unique new -1% Finance Program (They Pay You!) on any of 65 used combines they have for sale. Since the program started three weeks ago, they've already sold 22 combines. Pete and Kurt also talk about the latest trends in the farm equipment market through the crazy year of 2020. Pete ends the episode with a shout-out to an inspirational hero of his, a Minnesota legend, who recently passed away at the age of 100.

Micah Moulin of Adams, NE is a busy young man with a full time job and a cool growing business, "Moulin Farm Art and Repair." His unique pencil drawings (now paint as well) of tractors, trucks and farm scenes have caught on in a big way with special commission orders coming in from around the country. Hear how it all got started for Micah and where his passion for drawing comes from.

Machinery Pete and auctioneer Kurt Aumann with Aumann Vintage Power of Nokomis, IL discuss the collector tractor market, including the 1971 IHC 1066 (1st one made!) with 2,993 original hours Aumann sold it for a new record price of $86,100 on a 9/22/20 collector auction in Iowa. Aumann tells stories on the following record price setting tractors he's sold over the years (IHC 1468 for $52,000 in Kansas in 2017; John Deere 4000 gas Power Shift for $82,500 in Minnesota in 2015; Oliver 2255 FWA for $56,700 in Illinois this year.

Machinery Pete gets the scoop on the story behind the 1992 John Deere 4760 tractor with only 3.6 actual hours on the Raptor Enterprises auction October 28, 2020 in Speers, SK by Ritchie Bros. Auctioneers. Also, a 1988 John Deere 4450 2WD with only 256 hours is on this sale. Pete talks with Brendan Kramer, Territory Manager with Ritchie Bros., to get the story behind these tractors + other barn finds on this auction, with why and how the equipment has hardly any hours.

Machinery Pete talks about the big announcement last week about making the Auction Price Data FREE at www.MachineryPete.com. Over 726,000 sale prices on ALL types of farm and construction equipment, updated daily. Pete also spotlights an upcoming market-setting auction for used Combines, the August 17, 2020 absolute online dealer inventory reduction auction for Ag-Pro John Deere dealership locations in Ohio, over 40 Combines on this auction.

Pete talks with his friend Jeff Ryan, farmer/writer from Cresco, IA. Ryan is known as "Guy No. 2" for his long-time online blog/columns about life and farming in northeast Iowa, always with a humorist slant that brings a smile. Or a tear. Ryan tells Pete about overcoming the Essential Tremor he grew up with and how an incredible brain surgery in 1998 - while he was awake on the table, changed his life. Guy No. 2 has been known to drive his yellow dune buggy on Christmas Day around Cresco, IA....snow or no snow.

Machinery Pete talks with Bob Sinclair, owner of Sinclair Tractor, and auctioneer Dan Sullivan with Sullivan Auctioneers about Sinclair Tractor's huge absolute online dealer auction in southeast Iowa on June 30, 2020 that featured 80+ late model farm equipment items, including 20 John Deere S680 combines. Pete also touches on some eye-opening latest search traffic stats and sales data on smaller HP tractors, ATVS/UTVS and garden tractors, way UP due to the COVID-19 pandemic.